$729,999 - 27 Ottaway Avenue, Barrie
Detached for Sale in Barrie
37 days on market- MLS Number
- S13116050
- Property Type
- Detached
- Status
- active
- Days on Site
- 37
- Bedrooms
- 5
- Bathrooms
- 2
- Square Feet
- 700 - 1,099 sqft
- Neighbourhood
- Barrie
- Listing Brokerage
- KELLER WILLIAMS EXPERIENCE REALTY
Inviting. Peaceful. Versatile. Ideal North-East Barrie Location. Quiet cul-de-sac. Functional Layout. This charming home offers exceptional privacy on a spacious, tree-lined lot with mature landscaping, natural screening, and a large deck ideal for outdoor entertaining, storage, and everyday enjoyment. Tucked away on a quiet cul-de-sac with friendly neighbours, it provides a peaceful setting while remaining just minutes from downtown, local amenities, and convenient highway access. Thoughtfully designed for both function and comfort, the home features five bedrooms, generous storage throughout, and a fully finished basement complete with two additional bedrooms, a large recreation room, a dedicated storage area, and a spacious laundry room. The recreation space is especially inviting, creating the perfect setting for relaxation and memorable time with family and friends. Natural light fills the primary bedroom and kitchen each morning, adding warmth and energy to the home. Offering 1,052 square feet above grade plus a 958 square feet finished basement, this property delivers exceptional comfort, versatility, and lifestyle appeal in a highly desirable setting.
Estimate your monthly payments for this property
Estimated Payment
$3,745.27/mo
Includes CMHC insurance ($20,367)
5-yr fixed avg.
Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.
Discover Barrie
Barrie is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.
Why Live in Barrie
- •Convenient location in Barrie
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
Transit & Commuting
- •MiWay bus routes throughout the area
- •GO Transit stations within driving distance
- •Easy highway access to 401/403/QEW
- •Walking distance to local amenities
Parks & Amenities
- •Local parks and recreational facilities
- •Community centres
- •Shopping plazas nearby
- •Restaurants and cafes
Lifestyle & Community
Barrie offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.
27 Ottaway Avenue, Barrie
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Rental income estimator & ROI calculator
Monthly Cash Flow Breakdown
Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Fair Market Value
At $1043/sqft, this property is priced in line with current Barrie market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.
Market Position
At 37 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.
Detached Home Advantages
Detached homes in Barrie are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.
Efficient Living
At 700 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.
Excellent Flexibility
With 5 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in Barrie.
Investment Perspective
Looking at this as an investment: Barrie properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $3,042 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.